Change in Expense Allocation Criteria for Reportable Segments
First written in FY2022-Q1. 3 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
7 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result of the change, for the previous consolidated fiscal year, segment profit increased by ¥153 million for Functional Colorants and ¥151 million for Functional Resins, while it decreased by ¥258 million for Basic Chemicals and ¥45 million for Agro-Science.」
The impact of the change in cost allocation criteria on prior-year segment profit was quantified for the full-year comparison. - FY2022-Q3AdvancedAnnual report
「As a result of the change, for the cumulative third quarter of the previous consolidated fiscal year, segment profit increased by ¥114 million for Functional Colorants and ¥118 million for Functional Resins, while segment profit decreased by ¥198 million for Basic Chemicals and the segment loss for Agro-Science increased by ¥34 million.」
The impact of the change in cost allocation criteria on prior-year segment profit and loss was quantified on a cumulative third-quarter basis. - FY2022-Q2AdvancedAnnual report
「As a result of the change, for the cumulative second quarter of the previous consolidated fiscal year, segment profit increased by ¥74 million for Functional Colorants and ¥79 million for Functional Resins, while it decreased by ¥130 million for Basic Chemicals and ¥23 million for Agro-Science.」
The impact of the change in cost allocation criteria on prior-year segment profit was quantified by segment. - FY2022-Q1First statedAnnual report
「Beginning with the cumulative first quarter of the current consolidated fiscal year, we changed the cost allocation criteria to evaluate and manage the performance of each reportable segment more appropriately. Segment information for the cumulative first quarter of the previous consolidated fiscal year has also been prepared using the revised method.」
The cost allocation criteria were changed to evaluate and manage segment performance, and segment information for the same period of the previous fiscal year was also prepared using the revised criteria. As a result of the change, prior-year segment profit increased by ¥37 million for Functional Colorants and ¥42 million for Functional Resins, while it decreased by ¥68 million for Basic Chemicals and ¥11 million for Agro-Science.